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Mannatech Receives NASDAQ Notification Regarding Minimum Bid Price
Monday, August 15, 2011 - 9:05am | 97Mannatech, Incorporated (NASDAQ: MTEX) today announced receipt of notice from Nasdaq that because the closing per share bid price for the company's common stock had for 30 consecutive trading days been under $1.00, the company's listing was out of compliance with Nasdaq Marketplace Rule 5450 (a) (1...
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Mannatech Receives NASDAQ Notification
Monday, August 15, 2011 - 9:01am | 128Mannatech, Incorporated (NASDAQ: MTEX) today announced receipt of notice from Nasdaq that because the closing per share bid price for the company's common stock had for 30 consecutive trading days been under $1.00, the company's listing was out of compliance with Nasdaq Marketplace Rule 5450 (1)....
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UPDATE: Sysco Reports Decline In FQ4 Profit
Monday, August 15, 2011 - 8:55am | 64Sysco Corp (NYSE: SYY) reported a 0.4% drop in its fiscal fourth-quarter profit. Sysco reported its quarterly profit at $336.3 million, or $0.57 per share, down from $337.8 million, or $0.57 per share, in the year-ago period. Its sales rose 0.7% to $10.43 billion. However, analysts were expecting...
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UPDATE: Estee Lauder Reports 72% Rise In Q4 Net Income, Issues Downbeat Forecast
Monday, August 15, 2011 - 8:50am | 103The Estee Lauder Companies Inc (NYSE: EL) reported a 72% rise in its fourth-quarter net income. Estee Lauder reported its quarterly net income at $41.1 million, or $0.20 per share, up from $23.9 million, or $0.12 per share, in the year-ago period. Estee Lauder's net income, excluding...
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Benzinga's Top Pre-Market Losers
Monday, August 15, 2011 - 8:38am | 142Estee Lauder Companies Inc (The) (NYSE: EL) dipped 5.80% to $95.00 in the pre-market session. EL reported a 72% rise in its Q4 net income. Lowe's Companies Inc (NYSE: LOW) dropped 5.18% to $18.50 in the pre-market trading. Lowe's reported downbeat quarterly sales and lowered its fiscal-year...
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UPDATE: Goldman Sachs Lowers PT on Darling International to $20
Monday, August 15, 2011 - 8:22am | 111Goldman Sachs is out with its report today on Darling International (NYSE: DAR), lowering its PT to $20 from $21. In its report, Goldman Sachs writes, "We lower our 12-month EV/EBITDA based target price by $1 to $20 to reflect multiple compression across peers. We remain Buy-rated as we favor DAR'...
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Morgan Stanley Comments on Profits at Philip Morris International
Monday, August 15, 2011 - 8:02am | 93Morgan Stanley has published a research report on Philip Morris International Inc (NYSE: PM) covering the profit acceleration at the company. In the report, Morgan Stanley wrote, "Recognize that faster growth occurred despite a more challenging global economic environment and a general...
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Deutsche Bank Reiterates Buy on Smucker
Monday, August 15, 2011 - 7:33am | 89Deutsche Bank is out with its report today on Smucker (NYSE: SJM), reiterating Buy. In its report, Deutsche Bank writes, "In our opinion Smucker's leading U.S. brands, low C2012E valuation (12.4x adj P/E), strong balance sheet and solid FCF (5% yield) are enticing characteristics in times of...
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US Stock Futures Up Ahead Of Economic Data
Monday, August 15, 2011 - 7:13am | 316US stock futures are higher this morning, as investors are awaiting data on the manufacturing and housing sectors. Futures on the Dow Jones Industrial Average surged 20 points to 11,270.00 and futures on the S&P 500 stock index rose 3.00 points to 1,179.80. Nasdaq 100 futures gained 4.75 points...
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Goldman Sachs Lowers PT on Darling International To $20
Monday, August 15, 2011 - 6:19am | 27Goldman Sachs has lowered the price target on Darling International (NYSE: DAR) from $21 to $20 and maintains its Buy rating.
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Stocks To Watch For August 15
Monday, August 15, 2011 - 1:06am | 182Some of the stocks that may grab investor focus today are: Wall Street expects Estee Lauder Companies Inc (The) (NYSE: EL) to report its Q4 EPS at $0.24 on revenue of $2.03 billion. EL shares dropped 0.37% to $100.48 in after-hours trading. Analysts are expecting Lowe's Companies Inc (NYSE: LOW)...
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Earnings Scheduled For August 15
Monday, August 15, 2011 - 1:05am | 509Sysco Corporation (NYSE: SYY) is projected to report its Q4 EPS at $0.57 on revenue of $10.36 billion. Estee Lauder Companies Inc (The) (NYSE: EL) is estimated to report its Q4 EPS at $0.24 on revenue of $2.03 billion. 3SBio Inc (NASDAQ: SSRX) is expected to post its Q2 EPS at $0.20 on revenue of...
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Green Mountain Coffee: 'A big idea'
Sunday, August 14, 2011 - 8:00pm | 130by Mike Cintolo, editor Cabot Top Ten Trader The trend of the market is now down until proven otherwise, so our goal is to preserve capital. For now, our only remaining buy-rated stock is Green Mountain Coffee (GMCR), which remains one of the very best growth stories in the entire market.
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ConAgra Foods Confirms $94 Per Share All-Cash Proposal to Acquire Ralcorp Holdings, Inc.
Sunday, August 14, 2011 - 3:18pm | 255ConAgra Foods (NYSE: CAG) today confirmed that on Thursday, August 11, 2011, it sent a revised proposal to the Board of Directors of Ralcorp Holdings (NYSE: RAH) to acquire the company for $94.00 per share in cash and stated that it looked forward to private and constructive discussions. The...
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Sleeping like a Baby with Your Investment Dollars
Saturday, August 13, 2011 - 11:18am | 1582Amidst the recent, historically high volatility in the financial markets, there have been a large percentage of investors who have been sleeping like a baby – a baby that stays up all night crying! For some, the dream-like doubling of equity returns achieved from the first half of 2009 through the...